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McBride ( (GB:MCB) ) has shared an update.
McBride plc has announced the purchase and subsequent cancellation of 87,843 of its ordinary shares as part of its ongoing buyback program. This transaction, conducted through Investec Bank plc on the London Stock Exchange, will adjust the total number of voting rights to 178,213,120, impacting shareholder calculations under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:MCB) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on McBride stock, see the GB:MCB Stock Forecast page.
Spark’s Take on GB:MCB Stock
According to Spark, TipRanks’ AI Analyst, GB:MCB is a Neutral.
McBride’s overall stock score reflects strong earnings call performance and attractive valuation. However, financial performance is hindered by high leverage and inconsistent revenue growth, while technical indicators suggest caution.
To see Spark’s full report on GB:MCB stock, click here.
More about McBride
Average Trading Volume: 450,202
Technical Sentiment Signal: Buy
Current Market Cap: £212.3M
See more insights into MCB stock on TipRanks’ Stock Analysis page.